Baader Bank set a €60.00 ($70.59) price objective on Osram Licht AG (FRA:OSR) in a report issued on Thursday, July 20th. The firm currently has a neutral rating on the stock.
A number of other analysts have also recently issued reports on OSR. UBS AG set a €86.00 ($101.18) target price on Osram Licht AG and gave the stock a buy rating in a research note on Thursday, June 22nd. Berenberg Bank set a €87.00 ($102.35) target price on Osram Licht AG and gave the stock a buy rating in a research note on Wednesday, July 19th. Commerzbank Ag set a €76.00 ($89.41) target price on Osram Licht AG and gave the stock a buy rating in a research note on Wednesday, July 12th. Deutsche Bank AG set a €80.00 ($94.12) target price on Osram Licht AG and gave the stock a buy rating in a research note on Wednesday, May 31st. Finally, Morgan Stanley set a €54.50 ($64.12) target price on Osram Licht AG and gave the stock a sell rating in a research note on Wednesday, July 5th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and six have assigned a buy rating to the company’s stock. Osram Licht AG presently has an average rating of Hold and a consensus price target of €71.35 ($83.94).
Shares of Osram Licht AG (FRA:OSR) opened at 69.168 on Thursday. The firm has a market capitalization of €6.69 billion and a PE ratio of 51.503. The company’s 50 day moving average is €70.49 and its 200 day moving average is €62.47. Osram Licht AG has a 12-month low of €43.36 and a 12-month high of €73.31.
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